MicroStrategy Incorporated (NASDAQ:MSTR) Given Consensus Recommendation of "Buy" by Brokerages

MicroStrategy Incorporated (NASDAQ:MSTR - Get Free Report) has been assigned a consensus rating of "Buy" from the ten ratings firms that are currently covering the stock, MarketBeat.com reports. Nine analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $536.90.

Several research analysts have weighed in on MSTR shares. Benchmark reaffirmed a "buy" rating and set a $650.00 target price on shares of MicroStrategy in a research note on Tuesday, January 14th. Mizuho began coverage on shares of MicroStrategy in a research note on Wednesday, January 29th. They issued an "outperform" rating and a $515.00 price objective for the company. Canaccord Genuity Group lowered their price objective on shares of MicroStrategy from $510.00 to $409.00 and set a "buy" rating for the company in a research note on Thursday, February 6th. Maxim Group raised their price objective on shares of MicroStrategy from $480.00 to $500.00 and gave the company a "buy" rating in a research note on Thursday, February 6th. Finally, Barclays lowered their price objective on shares of MicroStrategy from $515.00 to $421.00 and set an "overweight" rating for the company in a research note on Monday, February 10th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. National Bank of Canada FI lifted its stake in MicroStrategy by 746.2% in the third quarter. National Bank of Canada FI now owns 20,647 shares of the software maker's stock worth $3,481,000 after acquiring an additional 18,207 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in MicroStrategy in the third quarter worth approximately $254,000. Clarity Capital Partners LLC raised its holdings in MicroStrategy by 122.3% during the fourth quarter. Clarity Capital Partners LLC now owns 25,115 shares of the software maker's stock worth $7,274,000 after purchasing an additional 13,817 shares in the last quarter. Wellington Management Group LLP raised its holdings in MicroStrategy by 979.8% during the third quarter. Wellington Management Group LLP now owns 6,727 shares of the software maker's stock worth $1,134,000 after purchasing an additional 6,104 shares in the last quarter. Finally, US Bancorp DE raised its holdings in MicroStrategy by 782.8% during the third quarter. US Bancorp DE now owns 4,255 shares of the software maker's stock worth $717,000 after purchasing an additional 3,773 shares in the last quarter. Hedge funds and other institutional investors own 59.84% of the company's stock.

MicroStrategy Trading Down 6.2 %

MSTR stock traded down $20.01 during mid-day trading on Thursday, hitting $303.91. 12,307,212 shares of the company were exchanged, compared to its average volume of 16,462,945. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $72.83 billion, a P/E ratio of -54.09 and a beta of 3.25. The business has a fifty day simple moving average of $344.48 and a 200-day simple moving average of $265.91. MicroStrategy has a 12-month low of $67.81 and a 12-month high of $543.00.

MicroStrategy (NASDAQ:MSTR - Get Free Report) last announced its earnings results on Wednesday, February 5th. The software maker reported ($3.20) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($3.07). MicroStrategy had a negative return on equity of 19.01% and a negative net margin of 251.73%.

About MicroStrategy

MicroStrategy Incorporated provides artificial intelligence-powered enterprise analytics software and services in the United States, Europe, the Middle East, Africa, and internationally. It offers MicroStrategy ONE, which provides non-technical users with the ability to directly access novel and actionable insights for decision-making; and MicroStrategy Cloud for Government service, which offers always-on threat monitoring that meets the rigorous technical and regulatory needs of governments and financial institutions.